Jan 04, 2019 at 13:24
Bakkt Raises $182.5M in First Round of Fundraising, BTC Futures Awaits CFTC’s ‘Green Light’
Bakkt, the Intercontinental Exchange’s (ICE) forthcoming cryptoasset trading platform, has embossed around $182.5 million from several investors. The money will be used in creating and developing the institutional-grade regulated cryptoasset exchange, warehousing and clearing services for storage and physical delivery. The firm now hopes to give an updated timeline on rolling out Bitcoin (BTC) day-to-day futures contracts early this year.